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  • OIL MARKETS

    Welcome to the Oil and Gas Financial Journal's Oil Markets Page containing news reported with the Oil & Gas Financial Industry perspective.

    SECTIONS: OGJ150 | OGFJ100P
    COMPANIES | OIL MARKET WATCH

    GE Energy Financial

    GE Energy Financial Services (EFS), a division of General Electric (GE), provides financial and technological investment in energy infrastructure projects around the world. EFS is active within industries such as power generation and distribution, oil and gas, pipelines and storage, water, venture capital, and renewable energy. EFS portfolios include deepwater oil and gas exploration in Brazil and water pipeline projects in Jordan.

    News, Products and Stock Info

    GE Oil & Gas names Andrew Way VP Services

    12/13/2010

    Andrew Way has been appointed vice president of services for GE Oil & Gas, a business within GE Energy.

    Regency Energy Partners promotes Rozzell to chief commercial officer

    06/08/2010 Midstream energy partnership Regency Energy Partners LP has promoted Christofer D. Rozzell to executive vice president and chief commercial officer for Regency Energy Partners. L. Patrick Giroir, w...

    GE signs contract, strengthens relationship with Saudi Aramco

    05/26/2010 GE has signed a corporate procurement agreement (CPA) with Saudi Aramco, the national oil company of Saudi Arabia, which establishes a long-term framework for the supply of GE turbomachinery equipm...

    Regency Energy Partners amends, extends credit facility

    03/08/2010

    Midstream natural gas services provider Regency Energy Partners LP has amended and extended its $900 million revolving credit facility through June 15, 2014.

    GE Energy partners with Marlin, Sequel to acquire reserves for $200M

    02/10/2010

    GE Energy Financial Services, a unit of GE, has formed partnerships to acquire West Texas natural gas and North Dakota oil and gas reserves for a total of nearly $200 million.

    Regency Energy Partners raises $80M gain Haynesville share

    09/08/2009

    Dallas-based Regency Energy Partners LP has issued $80 million of Series A Convertible Preferred Units in hopes of gaining Haynesville shale interest.

    Regency, Alinda, GE form JV to finance, construct Haynesville Pipeline project

    04/01/2009 Regency Energy Partners LP, Alinda Capital Partners LLC, and an affiliate of GE Energy Financial Services will form a joint venture to finance and construct Regency’s Haynesville Expansion Pr...

    Blue Dolphin to deliver production from GoM pipeline

    02/11/2009 Blue Dolphin Energy Co.'s wholly-owned subsidiary, Blue Dolphin Pipe Line Co., has entered into gas and condensate transportation and production handling agreements with a new producer/shipper to d...

    Quorum TIPS becomes SAP-endorsed business solution

    02/11/2009 April 8, 2009 - Quorum TIPS, an offering of software solutions provider to the oil and gas industry, Quorum Business Solutions Inc., has become an SAP-endorsed business solution.

    MarkWest Energy Partners, ArcLight Capital form Arkoma Connector Joint Venture

    02/11/2009 Midstream energy company MarkWest Energy Partners LP and ArcLight Capital Partners LLC have formed a joint venture dedicated to the construction and operation of the Arkoma Connector pipeline.

    GE Energy Financial Website

     

    http://geenergyfinancialservices.com/

    OGJ150

    Gulfport Energy names Gaydosik CFO

    Jul 10, 2014 Gulfport Energy Corp. has appointed Aaron Gaydosik to serve as CFO. Most recently, Gaydosik served as vice president of finance at Kodiak Oil &...

    Revenue, net income show small increases in 4Q2012

    May 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal grew in the final...

    Helix completes sale of oil and gas business

    Feb 6, 2013 Helix Energy Solutions Group Inc.has closed the previously announced sale of Energy Resource Technology GOM Inc. (ERT), the company’s oil and gas s...

    Revenue, net income drop sharply in 3Q12

    Feb 1, 2013 Revenues for the group of publicly-traded US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal continued their d...

    WPX Energy makes natural gas discovery in Niobrara formation

    Jan 23, 2013 Tulsa, OK-based oil and gas exploration and production company WPX Energy said January 22 that a recent Niobrara gas discovery in western Colorado ...

    OGFJ100P

    Private company update

    Apr 10, 2015 Independent research firm IHS has provided OGFJ with updated production data for our OGFJ100P periodic ranking of US-based private E&P companie...

    LLOG makes deepwater Gulf of Mexico discovery

    Oct 23, 2014 Covington, LA-based LLOG Exploration and its partner, Ridgewood Energy, drilled a successful exploration test at the Mississippi Canyon 79 “Otis” p...

    Vantage Energy files for $400M IPO

    Jul 8, 2014

    Vantage Energy Inc., a privately-held oil and gas company, plans to raise approximately $400 million in an IPO. 

    Rock Oil increases capital commitment, adds to management

    Jun 10, 2014 Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named ...

    AEPB acquires Permian leasehold for $2.5B

    Jun 9, 2014 American Energy – Permian Basin LLC, an affiliate of American Energy Partners LP, has signed an agreement to acquire approximately 63,000 net acres...

    Oil & Gas Companies

    Saudi Aramco restructures with creation of supreme board

    Following the January death of Saudi Arabia’s King Abdullah, the country has been reorganizing its energy industry, and this process has included the creation of a supreme board to oversee state-run Saudi Aramco, according to Bloomberg.   &nb...

    LINN plans to close Denver office, eliminate positions

    LINN Energy plans to eliminate 55 positions in Denver, Colorado, and close its office there, according to Fuel Fix, which reported that LINN stated its intentions in a letter to the Colorado Department of Labor and Employment.

    Petrobras discovers oil and gas in Amazon and Espírito Santos basins

    Petróleo Brasileiro SA (Petrobras) has confirmed the discoveries of oil and gas accumulations in Brazil’s Amazon and Espírito Santos basins.

    Gunvor Group to withdraw petition for PA Resources bankruptcy

    Gunvor Group has informed the company that it intends to withdraw its petition for bankruptcy in PA Resources AB.

    Statoil makes second gas discovery in Aasta Hansteen area

    Operator Statoil has, together with PL602 partners, made a gas discovery in the Roald Rygg prospect in the Norwegian Sea. This is the second Statoil discovery in the Aasta Hansteen area in 2015.

    IFR forms subsidiary for Mexico oil and gas initiative

    International Frontier Resources Corp. has formed a Mexican subsidiary, Petro Frontera SAPI de CV, that will allow for the study of, and bidding on, assets in Mexico's initial oil and gas Energy Reform bid round in 2015; the acquisition and partic...

    Calvalley to liquidate due to crisis in Yemen

    Calvalley Petroleum Inc.’s board of directors has decided to restructure and liquidate the company. Subsequently, Calvalley will enter into an arrangement agreement with Calvalley Energy Ltd. (CVE), a wholly owned subsidiary of Calvalley organized...